Instead, financial markets are subject to human error and emotion.

Instead of reflecting the performance of actual hedge funds they take a statistical approach to the analysis of historic hedge fund returns, and use this to construct a model of how hedge fund returns respond to the movements of various investable financial assets.

Instead of settling a financial dispute between American citizens and the Mexican government by force, Van Buren wanted to seek a diplomatic solution.

Instead, they depend of tax concessions and the financial advantages they derive from being a U. S. territory.

Instead of writing a piece for production by a theatre proprietor, as was usual in Victorian theatres, Gilbert, Sullivan and Carte produced the show with their own financial support.

Instead of draining Soviet military and financial resources, we end up dissipating our own.

Instead, investors tend to leverage their capital by borrowing from banks and invest the leveraged capital in financial assets such as equities and real estate.

Instead of financial stability inducing deregulation and financial instability after 1980, as later suggested by David Moss and Elizabeth Warren, Thomas Huertas and other critics of traditional bank regulation argued Regulation Q limits on interest rates ( mandated by the 1933 Banking Act ) created the “ disintermediation ” that began in the 1960s, led to the phase-out of Regulation Q through the Depository Institutions Deregulation and Monetary Control Act of 1980, and opened banking to greater competition.

Hoenig agreed with Paul Volcker, however, that “ financial market developments ” had caused underwriting corporate bonds ( the prohibition of which Volcker described as the purpose of Glass-Steagall ), and also underwriting of corporate equity, revenue bonds, and “ high quality asset-backed securities ,” to be “ natural extensions of commercial banking .” Instead of reinstating Glass-Steagall prohibitions on such underwriting, Hoenig proposed restoring “ the principles underlying the separation of commercial and investment banking firms .”

Instead they created a program called the Sustainable Coffee Program ; the first program was launched in Guatemala and in 2006 they started programs in Colombia and Brazil where they are " directly involved with coffee producing communities by providing direct financial assistance for technical training to improve the quantity and quality of coffee produced and assist farmers in getting their coffee to market at the best time and for the best price.

Instead of merely narrating their political events, he examined their economics, their constitutions and their financial systems, and thus was able to throw new light on the development of the Old World.

Instead of doing financial projection on a " best estimate " basis, a company or its regulators may do stress testing where they look at how robust a financial instrument is in certain crashes, a form of scenario analysis.

Instead of solving the financial problems, the assignats became a catalyst for ( food ) riots.

Instead, white-collar criminals are opportunists, who learn to take advantage of their circumstances to accumulate financial gain.

Instead, it was to run as an autonomous institution, supported by voluntary financial contributions from the Muslims at large.

Instead, the company ran into financial difficulties and failed to gain any significant share of the market.

Instead, the CFTC would continue to do “ entity-based supervision of OTC derivatives dealers .” These derivatives, especially the credit default swap, would be at the heart of the financial crisis of 2008 and the subsequent 2008 – 2012 global recession.

Instead, it was widely hailed for bringing “ legal certainty ” to this “ important market ” permitting “ the United States to retain its leadership in the financial markets ”, as recommended by the PWG Report.

Instead, a new financial reporting and management system was developed based on the actual profit outcome.

Instead the copper ore mines were opened, but they faced serious financial difficulties by the end of 1920s.

Instead of making any improvements, Goumenos ' administration failed miserably in the next two years, as the club's debt to the Greek state ( due to constant tax evasions, interests and unpaid fines ) continued to grow, and on top of that, the financial management of the club itself was ever deteriorating.

Instead of constantly asking on air for donations, the network subsequently started the annual donation drive Rhemathon, in which hosts, celebrities and special guests campaign for one-off donations and subscriptions to the financial supporter club.

Instead of being limited to the poor training facilities in remote areas, the student would be able to move to large institutions of concentrated specialized training.

Instead, the political institutions of the Länder were practically abolished altogether, passing all powers to the central government.

Instead, the Crown is regarded as a corporation, with the monarch being the centre of a construct in which the power of the whole is shared by multiple institutions of government — the executive, legislative, and judicial — acting under the sovereign's authority, which is entrusted for exercise by the politicians ( the elected and appointed parliamentarians and the ministers of the Crown generally drawn from amongst them ) and the judges and justices of the peace.

Instead of demonstrative attacks on symbolic figures and institutions of Fascist repression, they opted for targeted attacks on infrastructure and high-ranking military, militia and police personnel.

Instead, he has great respect for French literature and institutions without glorifying the history of France and its kings in the way of previous chroniclers.

" Instead, he bases much of his critics of earlier historians on the idea that salonnières such as Madame Geoffrin reaffirmed the aristocratic institutions of the Old Regime.

Instead, private lending institutions approved by Ginnie Mae originate eligible loans, pool them into securities, and issue the Ginnie Mae MBS.

Instead of the use of metal chains and restraints, their institutions utilized rigorous work and leisure activities in the late 18th century.

Instead they see their movement as an alternative to what they term neo-liberal globalization in which international institutions ( World Trade Organisation, World Bank, International Monetary Fund etc.

Instead, it respects traditional values and institutions, localism, devolution of powers from the central governments to local communities, small businesses, volunteerism and favours empowering social enterprises, charities and other elements of civil society to solve problems such as poverty.

Instead, he turned his activism to the issues of democracy and corporations, appearing at lectures, seminars, and workshops throughout the U. S. with various citizens ' groups to promote his view that corporations have become unelected governing institutions and that a nonviolent democratic revolution is needed in response.

Instead of having official maps circulated to institutions, which is illegal, the public domain may tend to ignore poor neighborhoods by denying basic public services.

Instead of one large university composed of several separate schools, the Claremont Colleges are made up of different institutions designed around differing theories of pedagogy.

Instead of relying on politics to retake the culturally and morally decadent institutions of contemporary America, I said that we should separate from those institutions and build our own .</ p >

Instead of using brute force, the civil administration slowly removed the government's powers ( for example, did not allow to print its decrees in newspapers or broadcast radio announcements ) and supplanted its institutions, forcing the Provisional Government to either self-disband or to become a puppet institution ( Zivilverwaltung ).

Instead he urged conservatives to invest their time and money in alternative institutions, which would, in his viewpoint, eventually become the norm due to the superior efficacy of traditional values.

Instead, class rule is manifested through the activities of a wide variety of organizations and institutions ...

Instead of offering a more typical treatment of laws, institutions and important political achievements, the book took a decidedly poetic turn, portraying Frederick as an idealized spiritual, as much as political, leader of the German nation.

Instead of soldier cards, one is now able to purchase the eponymous knights.

Instead the customer was offered the choice of the new ADB Apple Keyboard or the Apple Extended Keyboard as a separate purchase.

Instead of bidding $ 10. 20 per share, the scalper will jump the bid at $ 10. 201, thus becoming the best bid and therefore the first in line to be able to purchase the stock.

Instead Federated soon agreed to purchase Broadway Stores, Inc. ( owner of The Broadway, Emporium and Weinstock's stores in California, Arizona, Nevada and New Mexico ), from its majority shareholder, Sam Zell, thereby gaining a leading position in Southern California and a dominant one in the Northern California marketplace.

To see why this should be true, suppose an investor is considering buying one of the two firms U or L. Instead of purchasing the shares of the levered firm L, he could purchase the shares of firm U and borrow the same amount of money B that firm L does.

Instead, the public must request individual reports from their Senators and Representatives in Congress, purchase them from private vendors, or search for them in various web archives of previously released documents.

Instead of selling by going door-to-door, they set up a store where buyers could purchase goods on the spot with cash.

Instead users must state upon purchase the dates they wish to visit each park.

Instead, a co-operation pact was signed ( led by Spain ), with the effect of allowing Italian nationals who had resided in Slovenia for three years to purchase property there for up to four years after the pact was signed.

Instead, the Guerreros arrived at the maximum circuit for the purchase of the franchise Angeles de Puebla and justified his rise over time because not won on the field becoming 15 years in a successful club it is today.

Instead of serving some political power, it sells its services to any who will purchase its service.

Instead, the dussack resembled the großes Messer or " great knife ", a weapon found more often amongst the common people than longswords, the cost of which allowed only relatively wealthy individuals to purchase them.

Instead, it was more profitable to purchase new slaves from Africa ( until the continued supply of female slaves being delivered from across the Atlantic was threatened by abolitionist pressure in the eighteenth century ).

Instead they steal Batgirl's costume and purchase an Elvis costume for Booster.

Instead they purchase one of Jimmy Carter.

Instead, in September 1942 it would purchase the privately held Clinton Light and Ice Company, consisting of 780 accounts over of power line ( the former owner, Clarence Tingley, would later serve as Superintendent of the Cooperative ).